Business

FG to track poverty, incomes to assess impact of reforms — Oyedele

FG to track poverty, incomes to assess impact of reforms — Oyedele

By Yinka Kolawole The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has disclosed plans by the Federal Government to publish indicators tracking poverty, incomes and inequality to assess the impact of the government’s economic reforms on the living standards of Nigerians. He said the move is aimed at addressing criticism of the […]
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Oceanic Bank’s earnings increase by 151% to N188.2bn

Oceanic Bank’s earnings increase by 151% to N188.2bn

Oceanic Bank International Plc has reported a significant growth in performance measurement indicators as it rounded off the 2008 financial year ending December 2008 with N188.22bn gross earnings, thus confirming its leading position in the finance industry.

MPR reduction will grow real sector — NSSA

MPR reduction will grow real sector — NSSA

The recent reduction in the Monetary Policy Rate and the liberisation of the foreign exchange market has been described as a good development as it would stimulate growth in the real sector of the economy.

MPR reduction will grow real sector — NSSA

MPR reduction will grow real sector — NSSA

The recent reduction in the Monetary Policy Rate and the liberisation of the foreign exchange market has been described as a good development as it would stimulate growth in the real sector of the economy.

Pension Act: Disability  part of group life insurance

Pension Act: Disability part of group life insurance

The mandatory group life insurance provided in the Pensions Act 2004 will now be expanded to cover disability during the life of the insured. This was part of the amendment being sought by operators into the existing law.